Sec Form 4 Filing - O'Dell Kimberly @ Delek US Holdings, Inc. - 2009-06-10

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
O'Dell Kimberly
2. Issuer Name and Ticker or Trading Symbol
Delek US Holdings, Inc. [ DK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP of Marketing/MAPCO Express
(Last) (First) (Middle)
7102 COMMERCE WAY
3. Date of Earliest Transaction (MM/DD/YY)
06/10/2009
(Street)
BRENTWOOD, TN37027
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 9.17 06/10/2009 A 6,500 ( 1 ) 06/10/2019 Common Stock 6,500 $ 0 6,500 D
Employee Stock Option (Right to Buy) $ 23.5 06/10/2009 D 9,000 ( 2 ) 06/10/2017 Common Stock 9,000 ( 3 ) 0 D
Employee Stock Option (Right to Buy) $ 32.9 06/10/2009 D 3,000 06/10/2011 06/10/2017 Common Stock 3,000 ( 4 ) 0 D
Employee Stock Option (Right to Buy) $ 16 06/10/2009 D 4,875 ( 5 ) 06/10/2018 Common Stock 4,875 ( 6 ) 0 D
Employee Stock Option (Right to Buy) $ 21 06/10/2009 D 1,625 06/10/2012 06/10/2018 Common Stock 1,625 ( 7 ) 0 D
Employee Stock Option (Right to Buy) $ 9.17 06/10/2009 A 3,960 ( 8 ) 06/10/2017 Common Stock 3,960 ( 9 ) 3,960 D
Employee Stock Option (Right to Buy) $ 9.17 06/10/2009 A 930 06/10/2011 06/10/2017 Common Stock 930 ( 10 ) 930 D
Employee Stock Option (Right to Buy) $ 9.17 06/10/2009 A 3,266 ( 11 ) 06/10/2018 Common Stock 3,266 ( 12 ) 3,266 D
Employee Stock Option (Right to Buy) $ 9.17 06/10/2009 A 813 06/10/2012 06/10/2018 Common Stock 813 ( 13 ) 813 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
O'Dell Kimberly
7102 COMMERCE WAY
BRENTWOOD, TN37027
VP of Marketing/MAPCO Express
Signatures
/s/ Kimberly O'Dell 06/12/2009
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option vests ratably on the first four anniversaries of June 10, 2009.
( 2 )The option vests ratably on the first three anniversaries of June 10, 2007.
( 3 )Exchanged for options to purchase 3,960 shares of Common Stock at $9.17 per share (reported below).
( 4 )Exchanged for options to purchase 930 shares of Common Stock at $9.17 per share (reported below).
( 5 )The option vests ratably on the first three anniversaries of June 10, 2008.
( 6 )Exchanged for options to purchase 3,266 shares of Common Stock at $9.17 per share (reported below).
( 7 )Exchanged for options to purchase 813 shares of Common Stock at $9.17 per share (reported below).
( 8 )The option vests with respect to 2,640 shares of Common Stock on December 10, 2009 and with respect to 1,320 shares of Common Stock on June 10, 2010.
( 9 )Received in exchange for options to purchase 9,000 shares of Common Stock at $23.50 per share (reported above).
( 10 )Received in exchange for options to purchase 3,000 shares of Common Stock at $32.90 per share (reported above).
( 11 )The option vests with respect to 1,089 shares of Common Stock on each of December 10, 2009 and June 10, 2010 and with respect to 1,088 shares of Common Stock on June 10, 2011.
( 12 )Received in exchange for options to purchase 4,875 shares of Common Stock at $16.00 per share (reported above).
( 13 )Received in exchange for options to purchase 1,625 shares of Common Stock at $21.00 per share (reported above).

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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